Matters affecting the financial planning [ factor value of life ]

Factors personal life values ​​and life cycle
spend patterns among you who are still in their 20s and you are aged 50-'s certainly different. Personal factors, the number of dependents in the family, and lifestyle affect the way you spend your money and how to invest.
Habits in society have also changed, now many people think to be able to meet household needs. Values ​​of life that you apply to the family also affects the way your financial plan. In other words, the principle in life you can rely on to invest in products that conform to the trust. 
cycle of life
financial plan will change depending on the age and condition of some stage or stages in the life cycle of your personal financial planning, are as follows

1. unmarried adults. Planning focuses on having appropriate insurance savings and wealth accumulation, education for career development.
2. Newly married young couple. Planning involves calculations about when couples want to have children for larger families need more home course requires certain conditions to be able to get a home loan [mortgage]. the need for health insurance and life insurance will increase a wills and inheritance planning is essential and should be owned.
3. Planning new parents are more likely to prepare for the child's needs and providing education fund.
4. The parents were recently divorced one of the former couple's [usually the father] has the obligation to pay alimony to his ex-wife lives [alimony] and his son [child support] financial needs will increase as [the father's side] should provide for two families [new family if there is a liability to be divorced and even husbands and wives both work new family living expenses will continue to increase.
5.  Parents with children who are more mature. Estate planning will get the attention of the more important. Insurance program better and quite possibly needed better invested surplus funds. retired early to start planning
6.  children have moved out of the house. Parents may want to consider moving to a smaller residence or a place closer to the child. Planned retirement planning should be more serious.
7.  Entering future retirees. It is important to review the [revieu] insurance and annuity programs. Retirees will need income to make ends meet and other personal needs during retirement, such as travel or sightseeing.